More progress is being made on the Southern Philippines piracy issue, with local media reporting that…
Author: Ships & Ports
Transocean profits dwindle as customers cut offshore drilling
Transocean Ltd.’s profit dwindled in the second quarter as the world’s largest offshore driller struggles to…
Lawsuits pile up against ailing STX Shipbuilding
South Korea’s financially troubled shipbuilder STX Offshore & Shipbuilding is facing some 25 civil lawsuits amounting to…
Keppel ‘strongly denies’ report alleging approval of bribery by top execs
Singapore’s Keppel Corp has staunchly defended allegations from a media report that its senior management backed…
ZIM is most reliable carrier in 2nd quarter
Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. was the most reliable carrier during the…
Asian bookings of West African crude to slip lower in August
Cargoes of West African crude oil sailing east are on track to fall in August on…
At last, Buhari okays APM Terminals’ N793bn Badagry mega-port project
The Federal Government has approved the construction of the proposed mega-seaport in Badagry, Lagos State. Minister…
NPA budgets N14.3bn for Lekki deep seaport
The Nigerian Ports Authority (NPA) has set aside N14.3billion as part of its financial commitment to…
NSC seeks stakeholders’ support on port automation
Executive Secretary, Nigerian Shippers’ Council (NSC) Hassan Bello has called on various stakeholders to support port…
Navy optimistic of political solution to Niger Delta militancy
The Nigerian Navy says it is optimistic that dialogue and political intervention will address the re-emergence…
Youths shut down Agip facility in Rivers
Angry youths on Wednesday shut down the OB-OB gas plant belonging to the Nigerian Agip Oil…
Philippines, Indonesia, Malaysia reach deal on maritime security
Three Southeast Asian countries, the Philippines, Indonesia and Malaysia, have reached an agreement for trilateral maritime cooperation to…